The Indian stock market is expected to begin the session on a steady note, reflecting overnight gains on Wall Street, led by technology counters and a constructive tone across Asian markets in early trade. Sustained DII inflows continue to act as a structural anchor, supporting selective accumulation in banking, metals, power, FMCG, and auto stocks.

Additionally, strong buying by both FPIs (?2,991 crore) and DIIs (?5,118 crore) in the previous session is likely to provide added comfort to investors. Domestic fundamentals remain stable, and ongoing sectoral rotation is helping the indices absorb periodic profit booking at higher levels.

In the absence of a strong external trigger or fresh domestic catalyst, the overall market tone is expected to remain measured. Trading activity is likely to revolve around clearly defined technical levels, with stock-specific moves dominating rather than a broad-based index expansion.

Nifty 50

The Nifty 50 continues to encounter supply concentration in the 25,650–25,700 zone, where multiple recovery attempts have slowed. Immediate support is positioned around 25,400, while a move below 25,300 may extend the drift toward 25,250–25,150, aligning closely with the 200-day EMA and an important structural reference point. On the higher side, a sustained move above 25,650 would be required to attract follow-through participation and open room toward 25,800–26,000. Momentum indicators remain subdued, with RSI hovering below the midpoint level, suggesting consolidation within a defined band unless a decisive breakout develops.

Bank Nifty

Bank Nifty continues to hold above the 60,900–60,600 support cluster, indicating underlying demand in the banking space. However, supply remains visible in the 61,400–61,700 region, which has limited recent advances. A sustained move above this band could allow the index to test 61,800–62,000, while a slip below 60,600 may lead to extended consolidation toward lower reference levels. Momentum indicators reflect a stable undertone within a range framework. Overall, banking is likely to influence directional cues, but price action is expected to remain confined within clearly defined technical boundaries in the near term.